Liability Risk and Insurance
Monthly Quota
“This is a bad outcome for Scottish insurance customers and taxpayers that does not reflect the real-world environment of
how investment decisions are made. It means that compensators, including the NHS, public bodies and insurers, will face higher
payouts in Scotland. A discount rate that’s lower for Scotland than England and Wales will mean higher insurance costs north
of the border which could push up premiums for Scottish motorists as a result.” Alastair Ross, assistant director, head of
public policy (Scotland, Wales and NI), Association of British Insurers (ABI), on the announcement of the personal injury
discount rate in Scotland remaining at −0.75 per cent.